E — Health CareEIN: 344428256

Toledo Hospital

Toledo, Ohio

CHealth Score
41C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

How This Organization Compares

Compared to 354 peers in Health Care with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.35×
Peer Median0.58×
💰
$1.6B
Total Revenue
📊
$1.5B
Total Expenses
🏦
-$518.1M
Net Assets
📋
$2.1B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.5%
Year-over-year change (2022 → 2023)
Net Margin
+7.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.35
Net assets divided by total expenses
Liabilities-to-Assets
131.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,586,047,106↑7%$1,465,299,773↑3%$1,627,180,659↑4%
2022$1,475,777,502↑7%$1,427,482,467↑18%$1,558,803,587↓37%
2021$1,373,600,902↑19%$1,209,964,406↑5%$2,477,516,014↓10%
2020$1,152,627,936↑1%$1,147,276,947↑6%$2,740,360,333↑42%
2019$1,142,430,478↑17%$1,084,436,344↑22%$1,926,315,453↑1%
2018$977,242,260↑14%$888,334,813↓8%$1,915,205,543↑33%
2017$854,436,077↓3%$970,267,450$1,438,331,354
2016$877,277,536↑8%$966,859,566↑13%$1,442,478,118↓15%
2015$810,369,870↓2%$852,583,172↑9%$1,701,109,632↑19%
2014$828,109,614↑6%$785,578,754↑1%$1,430,927,975
2013$780,428,062↑6%$778,547,746↑5%$1,426,475,465↑3%
2012$738,530,306↑4%$743,743,516↑5%$1,380,322,678↑2%
2011$711,321,384$707,223,943$1,347,893,540

Frequently Asked Questions

What does Toledo Hospital do?▼

Toledo Hospital is a health care nonprofit organization based in Ohio. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Toledo Hospital financially healthy?▼

Based on our 9-metric Financial Health Score model, Toledo Hospital has a score of 41/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Toledo Hospital generate?▼

Toledo Hospital reports $1.7B in annual revenue and holds $1.8B in total assets, based on IRS filings.

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